What makes Happiness?

For a long time, people have been interested in what makes us happy and how we can improve well-being in society. One big question is whether having more money or wealth actually makes people happier, or if there are other things that matter more. We often hear the saying “money can’t buy happiness,” but the real answer is a bit more complicated than that.

In this data story, we will explore how happiness relates to different economic and social factors using information from the World Happiness Report 2019 and World Development Indicators. This report looks at how happy people are in different countries and compares that with demographic variables like GDP per capita, Gross National Income (GNI), the gini index, unemployment rates, education levels, and life expectancy.

We want to find out if richer countries really have happier people, and if so, how strong this connection is. But we will also look beyond money to see how things like having a job, going to school, and living a long, healthy life affect happiness. For example, being unemployed might make people less happy even if their country is wealthy, and having a good education could improve well-being in ways that money alone can’t.

First, we will compare happiness scores with income indicators like GDP per capita and GNI. Then, we will analyze how unemployment rates relate to happiness. After that, we will look at the gini index, education and life expectancy to see how these factors could affect happiness scores across countries.

By comparing these different aspects, we hope to better understand what really contributes to happiness around the world. This will help us see whether the saying “money buys happiness” really holds. And if it doesn’t hold, we could find out what does make happiness.Hallo

C:\Users\danie\AppData\Local\Temp\ipykernel_15420\4204006863.py:37: SettingWithCopyWarning: 
A value is trying to be set on a copy of a slice from a DataFrame.
Try using .loc[row_indexer,col_indexer] = value instead

See the caveats in the documentation: https://pandas.pydata.org/pandas-docs/stable/user_guide/indexing.html#returning-a-view-versus-a-copy
  filtered_df['GNI_bin'] = pd.qcut(filtered_df['GNI per capita'], q=16, duplicates='drop')
C:\Users\danie\AppData\Local\Temp\ipykernel_15420\4204006863.py:44: SettingWithCopyWarning: 
A value is trying to be set on a copy of a slice from a DataFrame.
Try using .loc[row_indexer,col_indexer] = value instead

See the caveats in the documentation: https://pandas.pydata.org/pandas-docs/stable/user_guide/indexing.html#returning-a-view-versus-a-copy
  filtered_df['GNI_bin_str'] = filtered_df['GNI_bin'].cat.rename_categories(clean_labels)
C:\Users\danie\AppData\Local\Temp\ipykernel_15420\4204006863.py:46: FutureWarning: The default of observed=False is deprecated and will be changed to True in a future version of pandas. Pass observed=False to retain current behavior or observed=True to adopt the future default and silence this warning.
  avg_happiness_per_bin = filtered_df.groupby('GNI_bin_str')['Happiness Score'].mean().reset_index()